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Microsoft Uncovers Austrian Company Exploiting Windows and Adobe Zero-Day Exploits

Microsoft Uncovers Austrian Company Exploiting Windows and Adobe Zero-Day Exploits

Jul 28, 2022
A cyber mercenary that "ostensibly sells general security and information analysis services to commercial customers" used several Windows and Adobe zero-day exploits in limited and highly-targeted attacks against European and Central American entities. The company, which Microsoft describes as a private-sector offensive actor (PSOA), is an Austria-based outfit called  DSIRF  that's linked to the development and attempted sale of a piece of cyberweapon referred to as Subzero , which can be used to hack targets' phones, computers, and internet-connected devices. "Observed victims to date include law firms, banks, and strategic consultancies in countries such as Austria, the United Kingdom, and Panama," the tech giant's cybersecurity teams  said  in a Wednesday report. Microsoft is  tracking  the actor under the moniker KNOTWEED, continuing its trend of terming PSOAs using names given to trees and shrubs. The company previously designated the name  SOUR
Facebook Bans 7 'Cyber Mercenary' Companies for Spying on 50,000 Users

Facebook Bans 7 'Cyber Mercenary' Companies for Spying on 50,000 Users

Dec 17, 2021
Meta Platforms on Thursday revealed it took steps to deplatform seven cyber mercenaries that it said carried out "indiscriminate" targeting of journalists, dissidents, critics of authoritarian regimes, families of opposition, and human rights activists located in over 100 countries, amid mounting scrutiny of surveillance technologies. To that end, the company  said  it alerted 50,000 users of Facebook and Instagram that their accounts were spied on by the companies, who offer a variety of services that run the spyware gamut from hacking tools for infiltrating mobile phones to creating fake social media accounts to monitor targets. It also removed 1,500 Facebook and Instagram accounts linked to these firms. "The global surveillance-for-hire industry targets people across the internet to collect intelligence, manipulate them into revealing information and compromise their devices and accounts," Meta's David Agranovich and Mike Dvilyanski said. "These compa
Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Feb 14, 2024Financial Security / Cyber Threats
The landscape of cybersecurity in financial services is undergoing a rapid transformation. Cybercriminals are exploiting advanced technologies and methodologies, making traditional security measures obsolete. The challenges are compounded for community banks that must safeguard sensitive financial data against the same level of sophisticated threats as larger institutions, but often with more limited resources. The FinServ Threat Landscape Recent trends show an alarming increase in sophisticated cyber-attacks. Cybercriminals now deploy advanced techniques like deep fake technology and AI-powered attacks, making it increasingly difficult for banks to differentiate between legitimate and malicious activities. These developments necessitate a shift towards more sophisticated and adaptive cybersecurity measures. Take these industry statistics, for example. Financial firms report 703 cyberattack attempts per week.1 On average, 270 attacks (entailing unauthorized access of data, appl
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